You also need to look at business registration fees with the State's Secretary of State office as well as local business licenses (states like Alabama assess various fees for their business licenses...and there's a business license for everything it seems like).You can take credit for INCOME TAX paid to another state on your personal return (unless you live in a state that doesn't have an income tax like Florida) but business license fees and gross receipts taxes are generally straight overhead....subject to passive loss limitations (again, depending on how your business is structured) if your in a State like Colorado that mirrors IRS taxable income (unless you qualify for active participation status by the IRS)The best answer is to hire a CPA so they can evaluate your individual situation and plan.

Not knowing who this guy actually is I Googled him and watched his registration video.  

As long as you do no general solicitation and advertising, arranging financing with those you have a pre existing relationship with should place you under the private offering exemption from securities registration.  

Lastly, licensing with contractors is difficult.But I am involved with two class action lawsuits regarding rental registration fees and garbage fees and those should be coming to an end in early 2019, so you will see some changes.

I think GA does require license to broker money.. maybe wrong.. license is not tough.. then you get your NMLS registration done.. and your good to go.most folks doing this will either have a wall st.. connection were the VC will put in say 50 to 100 million.. and take some control of your company or oversight..the other way is you do a PPM and raise the capital through private accredited investors.. then the third way is to get a credit facility at local banks and they will back fill your loans. ( this is what I did) this is for every 1 million you have in cash they will give you 4 million line of credit.. of course this takes having the cash and having some pretty significant experience and balance sheet.. we had in the day 30 million in credit lines.. through 4 banks.bigger players can get 20 to 50 million dollar lines from Credit sussie ext. 

Registration starts today October 2nd for about a week or so i believe.  

Also, there are a lot of regulations and registrations that you need to be aware of and manage. 

A landlord shall be liable to a tenant in a civil action for treble damages plus the tenant’s attorney fees and costs, and any other appropriate legal or equitable relief, if: (1) the landlord serves the tenant with notice alleging the landlord seeks to personally occupy the rental premises under subsection g. of 46A:15-1, after which the tenant vacates the rental premises and the landlord arbitrarily fails to personally occupy the rental premises or to effectuate a contract of sale for the rental premises within six months, but instead permits personal occupancy of the premises by another tenant or registration or conversion of the premises by the Department pursuant to The Planned Real Estate Development Full Disclosure Act, N.J.S. 45:22A-21 et seq.; or (2) the landlord who is a purchaser of the rental premises pursuant to a contract that requires the tenant to vacate in accordance with subsection g. of 46A:15-1, after which time the tenant vacates the rental premises, thereafter arbitrarily fails to personally occupy the rental premises within six months, but instead permits personal occupancy of the premises by another tenant or registration of conversion of the premises by the Department pursuant to The Planned Real Estate Development Full Disclosure Act, N.J.S. et seq.; or 

Try your local municipality if they list the rental registration addresses?

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.